Ikemefula Aruogu
Bitfinex Whale Move: Analyzing the Impact of the $111 Million ETH Deposit
A crypto whale has transferred 32,000 ETH (worth $111.7 million) to the Bitfinex exchange, sparking speculation about potential market impact and triggering a brief price rally for Ethereum. In an...
Shiba Inu and Terra Classic Burn Millions of Tokens, Prices Surge
Shiba Inu (SHIB) and Terra Classic (LUNC) communities are actively burning tokens to reduce supply and boost prices, with notable success in June. This strategy, a recognized method for controlling...
Shiba Inu (SHIB) vs. Ethereum: Analysts Explore Potential for 40x Gains
TradingView data shows that Shiba Inu opened July trading at $0.00001723, and analysts comparing the meme coin to Ethereum have estimated the potential gain of a $1,000 investment in SHIB...
U.S. Treasury Department Releases New Tax Rules For Crypto Industry
The U.S. Department of Treasury has released new rules for cryptocurrency brokers. The new rules cover tax filing requirements for digital asset brokers, beginning with transactions happening next year. Notably,...
Bitcoin’s Weekend Trading Volume Has Dropped to All-time Lows
According to reports from the cryptocurrency research firm Kaiko, the proportion of Bitcoin traded over weekends has declined to an all-time low of 16% this year. Kaiko’s report linked the...
Hong Kong’s Financial Services License Permits Trading of Crypto and STOs
The co-founder and chief strategy officer of HKbitEX, Lu Tingkuang, thinks Hong Kong has a more convenient crypto licensing regime than places like Singapore and the U.S. According to Tingkuang,...
VeChain (VET) Poised for Significant Rally, Analyst Predicts
VeChain (VET), the cryptocurrency powering the VeChainThor blockchain, is poised for a significant price rally, according to prominent crypto analyst Nick. However, he cautions that a minor pullback may precede...
MVRV Z-Score Signals Potential Buying Opportunities for Uniswap and Shiba Inu
Santiment, a crypto market analysis platform utilizing social and on-chain metrics, has assessed some top cryptocurrencies using its MVRV Z-Score indicator. The analysis reveals that Toncoin, Bitcoin, and Ethereum are...
This Crypto Analyst Says XRP Could Hit $80: Here’s Why
XRP, the cryptocurrency linked to Ripple Labs, could be on the verge of a significant price rally, according to an analyst. Based on technical analysis shared on social media platform...
Will Ethereum ETFs Give ETH ‘Super’ Strength? Analysts Predict $6,500 Price Target
Researchers are predicting a significant capital flow into spot Ethereum ETFs. Spot Ethereum ETFs could attract a flood of capital in their first year, potentially driving Ether’s price to $6,500...
ADA Prepares For Next Move After Cardano Repelled Spam Attack
Cardano survived a spam attack earlier this week. Cardano successfully fended off a spam attack earlier this week, and the blockchain’s founder, Charles Hoskinson, expressed his satisfaction with the development....
Crypto Analyst Predicts Memecoins Could Eclipse ADA, XRP, LINK Rallies in Upcoming Bull Market
Crypto analyst Murad, a prominent voice on X platform, predicts that memecoins could outperform other cryptocurrencies in the next bull market, citing potential returns of 100x to 500x. He compares...
SEC Faces Setback in Court, Ripple Sees Potential Opportunity
A U.S. court has ruled against the Securities and Exchange Commission declaring that the agency unlawfully rescinded a rule on proxy advisory firms without adhering to the Administrative Procedure Act....
The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?
The number of Bitcoin holders owning one or more whole Bitcoins has surpassed one million, according to analytics platform IntoTheBlock, demonstrating the growing mainstream acceptance of Bitcoin. A data chart...
BLUR Token Holders Cry Foul as Price Tanks Despite Ecosystem Growth
BLUR, the native token of the Blur NFT marketplace, has seen a steep decline in value since the start of the year, fueling anxiety among investors about the token’s long-term...
Crypto Analyst Predicts Altcoin Season Despite Bitcoin’s Recent Dip
Despite Bitcoin’s recent price dip, crypto analyst Cody Buffington predicts an impending altcoin season, citing on-chain data and market trends as key indicators. Buffington noted Bitcoin’s decline towards $60,000 in...
Shiba Inu Burns 11 Million SHIB, Sparking Price Surge and Investor Interest
Shiba Inu (SHIB), the popular memecoin, experienced a 3% surge in the early hours of Wednesday, prompting speculation among investors and analysts about a potential sustained price rally. The price...
U.S. Economic Data to Determine Short-Term Bitcoin Price Movement
Bitcoin may have found a local price floor, according to Gustavo Faria, co-founder of analytics firm Nosy. Faria’s analysis cites key on-chain and market indicators suggesting a potential turning point...
DWF Labs Cashes Out JASMY Tokens, Reaping Massive Profits on Binance
Spot On Chain, the AI-powered on-chain tracker, identified a significant JASMY transaction by DWF Labs. According to Spot On Chain, DWF Labs sent 24 million JASMY tokens, worth $731,000, to...
Latin American Crypto Markets Favor Stablecoins Over Bitcoin, Kaiko Research Reveals
Stablecoins have overtaken Bitcoin in popularity among Latin American crypto users, according to a new report from research firm, Kaiko. This trend, observed across seven major exchanges, highlights a growing...
Investor Anthony Pompliano Proposes Stablecoins as Solution to U.S. Debt Crisis
Anthony Pompliano, known for his outspoken views on Bitcoin, suggests stablecoins could address the escalating U.S. debt crisis by providing a reliable and expanding source of demand for U.S. treasuries....
Igloo Inc.: The New Crypto Company Betting Big on NFTs
Pudgy Penguins, the popular NFT brand, and OverpassIP, a leading NFT licensing platform, have united under a new parent company, Igloo Inc., aiming to revolutionize the crypto experience for newcomers....
Korean Financial Institute Raises Concerns Over Spot Crypto ETFs
South Korea’s financial watchdog has warned against the introduction of spot crypto Exchange-Traded Funds (ETFs), arguing they could harm the nation’s economy and financial stability. A section of the recently...
Tether on Tron Outpaces Visa’s Daily Trading Volume, German Bank Appoints Bitcoin Advocate as CEO
Tether’s (USDT) trading volume on Tron (TRX) Network briefly exceeded the daily average trading volume of payments giant Visa, while a $6 billion valued German bank appointed a Bitcoin-friendly CEO,...
Thailand in Partnership Talks With Ripple Over XRP Adoption
A famous crypto personality, Armando Pantoja, has highlighted Ripple’s growing expansion, citing the potential XRP adoption by Thailand, as noted in a recent letter by Ripple. According to Pantoja, it...
